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🏡 Signal Hill Real Estate Market Summary – Q1 2025

Signal Hill, one of Calgary’s most sought-after west-end communities, experienced a dynamic real estate quarter in Q1 2025. While the broader Calgary market has shown resilience despite ongoing economic adjustments, Signal Hill maintained strong demand, driven by its upscale amenities, convenient location, and continued community engagement.

  • Benchmark Price (All Property Types): $718,167

  • Quarterly Price Growth: ▲ 1.2%

  • Sales Activity: 80 total sales

  • Months of Supply: 1.65 (indicating a sellers’ market)

  • Days on Market: Average of 27.5 days (down from 34.6 in Q1 2024)


🏠 Market Trends

🔹 Detached Homes

  • Benchmark Price: $855,000

  • Sales: 39

  • YOY Price Change: ▲ 13.2%

  • Key Trend: Detached homes in Signal Hill remain the most sought-after, with strong appreciation driven by limited inventory and increasing interest from move-up buyers and families prioritizing space and proximity to top schools.

🔹 Semi-Detached Homes

  • Benchmark Price: $767,000

  • Sales: 9

  • YOY Price Change: ▲ 15.9%

  • Key Trend: Semi-detached homes saw the highest price growth, indicating increasing demand from buyers priced out of the detached segment. Low turnover continues to push values upward.

🔹 Row Houses

  • Benchmark Price: $494,300

  • Sales: 10

  • YOY Price Change: ▲ 15.2%

  • Key Trend: Row houses are appealing to downsizers and young professionals. High appreciation reflects affordability pressures and limited new construction in the area.

🔹 Apartments

  • Benchmark Price: $319,933

  • Sales: 22

  • YOY Price Change: ▲ 14.7%

  • Key Trend: Signal Hill’s apartment market is vibrant, supported by downsizing baby boomers and first-time buyers. The Westhills Shopping Centre proximity remains a major draw.


🔍 Looking Ahead

The real estate outlook for Signal Hill remains optimistic for the remainder of 2025:

  • Limited inventory will continue to support price appreciation.

  • Affordability constraints in detached homes will likely sustain strong performance in semi-detached and apartment segments.

  • Ongoing community investment and lifestyle appeal solidify Signal Hill as a premium west Calgary destination.

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Signal Hill Real Estate Market Summary – January 2025

Market Trends

  • Total Residential Sales: 11 transactions (42% decrease Y/Y).

  • New Listings: 22 new listings (22% increase Y/Y).

  • Inventory Levels: 22 active listings (100% increase Y/Y).

  • Months of Supply: 2.00 months, indicating a shift toward balanced market conditions.

  • Price Trends:

    • Detached Homes: $887,200 (4% Y/Y increase).

    • Semi-Detached Homes: No sales recorded (limited inventory).

    • Row Homes (Townhouses): $447,600 (12% Y/Y increase).

    • Apartments (Condos): $363,800 (11% Y/Y increase).

    • Total Residential Benchmark Price: $645,300 (1.9% increase Y/Y).

Market Insights

  • Sales volume decreased significantly, likely due to seasonal trends and affordability constraints.

  • New listings increased, giving buyers more options and signaling a potential market balance.

  • Row homes and apartments saw the strongest price growth, reflecting demand for affordable housing options.

Historical Price Comparison – Signal Hill Real Estate Market

Below is a year-over-year (Y/Y) price comparison for different property types in Signal Hill:

Analysis of Trends Over Time

  1. Detached Homes

    • Prices increased 4.0% Y/Y, but slower growth compared to previous years.

    • Supply is rising, which may reduce further price acceleration.

  2. Semi-Detached Homes

    • No recorded sales in January 2025, indicating lower inventory or shifting demand.

  3. Row Homes (Townhouses)

    • Fastest price growth (+12.2% Y/Y) due to affordability and high buyer demand.

    • Inventory remains tight, keeping prices elevated.

  4. Apartments (Condos)

    • Prices rose 11.1% Y/Y, reflecting strong demand from first-time buyers and investors.

    • Apartment prices have grown nearly 12% over two years, showing steady appreciation.

  5. Overall Market Outlook

    • The total benchmark price increased by 1.9% Y/Y, showing moderate appreciation.

    • The affordable housing segment (townhouses & apartments) is driving price growth.

    • Detached homes are stabilizing, with price increases slowing compared to previous years.


2025 Real Estate Market Outlook for Signal Hill

  1. Market Transitioning to Balance

    • Inventory is rising, which may result in longer selling times and more buyer leverage.

    • Detached homes remain competitive, but price growth may slow.

  2. Increased Demand for Affordable Housing

    • Apartments and row homes will attract first-time buyers and downsizers.

    • Steady price appreciation expected for these segments.

  3. Luxury Market Stability

    • High-end homes will continue to hold value, but sales may take longer due to interest rate effects.

  4. Impact of Interest Rates

    • Borrowing costs may limit buyer activity, leading to slower price growth overall.


Signal Hill’s real estate market in January 2025 saw declining sales but rising inventory, leading to more balanced conditions. Row homes and apartments experienced strong demand, while detached home price growth slowed. 2025 is expected to bring steady but moderate price appreciation, with affordable housing driving demand.

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Signal Hill Real Estate Market Summary – December 2024

Market Trends

  • Total Residential Sales: 9 transactions (10% decrease Y/Y).

  • New Listings: 8 new listings (60% increase Y/Y).

  • Inventory Levels: 17 active listings (21% increase Y/Y).

  • Months of Supply: 1.89 months, indicating a balanced market.

  • Price Trends:

    • Detached Homes: $904,900 (10% Y/Y increase).

    • Row Homes (Townhouses): $440,400 (6.7% Y/Y increase).

    • Apartments (Condos): $367,900 (21.4% Y/Y increase).

    • Total Residential Benchmark Price: $654,000 (4.1% increase Y/Y).

Market Insights

  • Sales slowed slightly, possibly due to seasonal trends and affordability concerns.

  • Inventory and new listings increased, giving buyers more choices.

  • Price appreciation remains steady, with apartments showing the highest growth (21.4%).


2024 Annual Real Estate Summary for Signal Hill

  1. Sales & Market Activity

    • 229 total residential sales in 2024 (10% decrease Y/Y).

    • 282 new listings (1% decrease Y/Y).

    • Inventory up by 21%, leading to a more balanced market.

  2. Price Trends

    • Annual Benchmark Price: $669,608 (10% Y/Y increase).

    • Median Price: $550,000 (14.1% decrease Y/Y).

    • Average Price: $654,654 (6.9% increase Y/Y).

  3. Key Market Drivers

    • Strong demand for detached homes, driving price growth.

    • Higher sales in the apartment segment, leading to a sharp price increase.

    • Affordability concerns and rising interest rates influenced a shift toward smaller homes and condos.


Schools in Signal Hill

Signal Hill is a highly desirable neighborhood due to its top-rated schools, family-friendly atmosphere, and excellent amenities.

Public Schools

  1. Battalion Park School (K-6)

    • Strong academic programs and high parental involvement.

  2. A.E. Cross School (7-9)

    • Focuses on leadership, athletics, and academic excellence.

  3. Ernest Manning High School (10-12)

    • Offers Advanced Placement (AP) and Honours Programs.

Catholic & Private Schools

  • Holy Name School (K-6, Catholic) – Offers French Immersion and faith-based learning.

  • St. Gregory School (7-9, Catholic) – Strong academic and extracurricular programs.

  • Rundle College (K-12, Private) – Focuses on personalized learning and leadership development.

📰 Signal Hill Community News & Activities

🎉 Community Engagement on the Rise

  • Signal Hill Community Association (SHCA) hosted several well-attended winter events, including:

    • Family Day Winter Carnival at Battalion Park: ice carving, hot chocolate stands, and family games.

    • Community Skating Nights at the outdoor rink saw record turnout due to mild winter evenings.

🏗️ Infrastructure & Development Updates

  • Signal Hill Centre Revitalization: Talks are underway for refreshing commercial space and adding green corridors. Anticipated enhancements could boost walkability and real estate interest.

  • Transit Enhancements: SW BRT service reliability improvements have shortened commute times to downtown, increasing appeal for working professionals.

🌳 Parks & Lifestyle

  • Battalion Park upgrades include new interpretive signage and seasonal LED lighting – a big hit with residents and Instagram alike.

  • New fitness and walking clubs have launched through SHCA, adding to the community’s wellness-focused reputation.


2025 Real Estate Market Outlook for Signal Hill

  1. More Balanced Market Conditions

    • With rising inventory and slower sales, buyers may have more negotiating power.

  2. Continued Price Growth, But at a Slower Pace

    • Detached and apartment prices will likely appreciate, though growth may slow.

  3. High Demand for Affordable Housing Options

    • Apartments and row homes will likely continue attracting first-time buyers and downsizers.

  4. Impact of Interest Rates

    • Affordability concerns may slow high-end sales, but well-priced homes will remain in demand.


Signal Hill’s real estate market in 2024 saw strong price growth, despite declining sales and rising inventory. The community remains attractive to families and professionals due to excellent schools, amenities, and accessibility. 2025 is expected to bring a more balanced market, with moderate price appreciation.

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Signal Hill Real Estate Market Summary – November 2024

Market Trends

  • Total Residential Sales: 19 transactions (73% increase Y/Y).

  • New Listings: 16 new listings (16% decrease Y/Y).

  • Inventory Levels: 27 active listings (117% increase Y/Y).

  • Months of Supply: 1.42 months, indicating a seller’s market.

  • Price Trends:

    • Detached Homes: $890,500 (10.2% Y/Y increase).

    • Row Homes (Townhouses): $459,400 (3.8% Y/Y increase).

    • Apartments (Condos): $369,300 (2.8% Y/Y increase).

    • Total Residential Benchmark Price: $652,200 (15.8% increase Y/Y).

Market Insights

  • Strong sales growth despite lower new listings, indicating high demand.

  • Inventory levels have risen, but demand continues to outpace supply.

  • Price appreciation remains steady, especially for detached homes.


School & Community Features in Signal Hill

Signal Hill is a highly desirable community known for its excellent schools, family-friendly atmosphere, and convenient amenities.

Public Schools

  1. Battalion Park School (K-6)

    • Highly rated for strong academic programs and active parent involvement.

  2. A.E. Cross School (7-9)

    • Focuses on leadership, athletics, and academic excellence.

  3. Ernest Manning High School (10-12)

    • One of Calgary’s top high schools, offering AP and Honours Programs.

Catholic & Private Schools

  • Holy Name School (K-6, Catholic) – French Immersion and faith-based learning.

  • St. Gregory School (7-9, Catholic) – Strong academic and extracurricular programs.

  • Rundle College (K-12, Private) – Focus on personalized learning and leadership development.

Community Highlights

  • Westhills Shopping Centre: Offers retail, dining, and entertainment options.

  • Parks & Recreation: Signal Hill Park and pathways provide excellent outdoor spaces.

  • Convenient Access: Close proximity to downtown Calgary, ideal for professionals.


Signal Hill’s real estate market in November 2024 remained strong, with rising prices and high demand. The community’s excellent schools and convenient location continue to attract families and professionals. Looking ahead, 2025 is expected to bring steady price growth, with a potential shift toward a balanced market as inventory rises.

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Signal Hill Real Estate Monthly Summary – October 2024

In October 2024, Signal Hill’s real estate market experienced a steady performance with 20 total residential sales, reflecting a slight year-over-year (Y/Y) decline of 5%. Here’s a breakdown of key trends:

Sales and Inventory

  • Sales: Total residential sales stood at 20, with 8 detached homes and 10 apartment units dominating the activity. Semi-detached and row homes saw minimal activity, with semi-detached sales dropping to zero.

  • Inventory: Total inventory increased by 86% Y/Y to 39 units, contributing to a more balanced market.

  • New Listings: A total of 28 new listings were added, a 22% increase from October 2023.

Benchmark Prices

  • Overall: The total residential benchmark price for Signal Hill reached $664,300, up 5.5% Y/Y.

  • Detached Homes: The benchmark price for detached homes stood at $912,000, showing a 4.8% Y/Y increase.

  • Apartment Condominiums: Benchmark prices for apartments rose to $375,200, reflecting an 8.7% Y/Y growth.

  • Row Homes: The benchmark price for row homes was $458,600, up 9.7% Y/Y.

  • Semi-Detached Homes: No transactions occurred this month, limiting available price trend data.

Market Conditions

  • Months of Supply: The months of supply increased to 1.95, signaling a more balanced market compared to previous months with tighter conditions.

  • Sales-to-New-Listings (S/NL) Ratio: The S/NL ratio stood at 71%, indicating a moderate absorption rate.

  • Days on Market (DOM): Average DOM increased slightly to 22 days, aligning with seasonal trends.

Observations
Signal Hill’s market in October 2024 reflects stability with modest price gains across most segments and increased inventory supporting more balanced conditions. Detached homes and apartments remain the primary drivers, while row homes also show strong price growth.

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SOLD: 98 Sienna Ridge Landing SW, $1,175,000

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SOLD: 216 Signature Point SW, $765,000

This stunning home is both stylish and functional and is perfect for a busy family and for entertaining. On a large lot in a desirable cul-de-sac with amazing views west to the mountains; close to future LRT, West side rec centre and great schools. Over 3600 sqft of well-appointed living space. The bright and open main floor features beautiful hardwood flooring, an inviting living room with 18' ceilings, dramatic windows and gas fireplace, a home office, and dining area. The spacious kitchen has a center island, granite counters, stainless steel appliances, pantry and eating nook. 3 generously sized bedrooms, including master with 6 piece ensuite and walk in closet, are located on the upper level. The fully finished walk-out level is very bright and has a recreation room, fireplace, wet bar, 4th bedroom, tremendous storage and a full bath with steam shower. Private West facing backyard is beautifully landscaped and fenced. A/C, large mudroom, irrigation system...too many features to list...

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